Description

Paragon House is a NEW residential development in Manchester's most prominent hub of business and enterprise, Trafford.
 
 Trafford is home to the highest number of companies per capita and is set for massive regeneration within the next decade. The fantastic location offers easy access to Manchester's well-known areas, such as the City Centre and Media City UK.
 
 This development offers the perfect investment opportunity with high estimated yields of 10%. Paragon House is ideal for those looking to expand their portfolio or as the first buy-to-let.
 
 Paragon House offers high-quality living alongside the highest specifications, all covered by the 10-year structural warranty provided by the developer. This provides an excellent quality of life for tenants at the city's edge and tremendous investment potential.
 Parking and secure bicycle storage are also available for residents, ensuring they can make the best use of this development's great location and get out and about to sample everything it offers.
 
 The multi-million-pound transformation of the former office building, Paragon House in Manchester's Old Trafford, will see the creation of 115 and two bedrooms apartments as part of a major refurbishment and renovation project.
 
Perfect for working professionals and young families to set down roots and look on as this promising area takes shape around them. Each unit is designed to provide a stunning living space that embodies the luxury of the modern metropolis with all the comforts of home.
 
 Given the variety of possibilities on the market, tenants are particular about the aesthetic of their residences. Apartments in Paragon House will naturally get a lot of interest from potential renters because they are constructed with durable, high-quality materials and have contemporary designs throughout each block.

AREA

Paragon House is located in the heart of the Trafford Civic Quarter which benefits from a 5-minute drive into the centre of Manchester and only 3 minutes away from Trafford Bar Metrolink station.

PROPERTY HIGHLIGHTS

• Exclusive Studio & One Bed Apartments
• Price from £140,000
• COMPLETION Q3 2022 - Ready to move in
• Expected Yields up to 10%
• Award-Winning Developer
• Excellent Public Transport Links
• Parking available on Request
• Bike Storage
• Size Range from 304 sqft to 738 sqft
• The design and building materials have been carefully selected

MANCHESTER’S INSIGHTS

• Two-bedroom flats are increasingly the top property choice for tenants in the UK, according to the latest Zoopla Rental Market Report for Q3 2022
• Energy-efficient new-build homes are currently proving to be a big pull as renters try to combat rising energy costs
• Build-to-rent developments featuring stylish apartments with luxury on-site facilities are currently driving the growth of rental housing stock in the UK
  Hannah Gretton, Lettings Director at LSL’s Your Move and Reeds Rains brands, says: “We are experiencing high levels of demand for rental properties with apartments being snapped up within hours of hitting the market."
• Manchester continues to act as a magnet for investors, students, and professionals, particularly among postgraduate students that choose to stay in the city after University and young professionals relocating from London
• Manchester is the centre of the multi-billion Northern Powerhouse Initiative
• Population in Manchester city has grown 185% in the past 15 years
• From the JLL's Q4 2022 Report: JLL forecasts Manchester to see the highest house price growth of all UK cities by 2027 at 19.3%
• Manchester is also top of the table for rental growth forecasts, at 21.6% cumulative growth by 2027
  * Manchester has the largest student population outside of London